Investment Criteria

Over twenty-five years investing in the lower middle market

We look to invest in dynamic middle market companies with compelling growth prospects

GROWTH FOCUS

Within our targeted industries, Pamlico first and foremost looks to partner with companies led by experienced management teams who possess a clear vision for the growth direction of their business. We typically target companies in large and fragmented markets where growth can be achieved both organically and through strategic acquisition initiatives. We also seek proven business models that are characterized by attractive margin profiles and the ability to generate meaningful free cash flow over time as the company scales.

A WILLINGNESS TO INVEST

Many of our businesses require significant investment in people, infrastructure, research and development, and other growth needs immediately after close. We are often the first institutional investor in these companies and are used to making the type of growth investments needed to help management take a business to the next level. While we are not turn-around investors, we understand that lower middle market companies often require the willingness to invest in the near-term to achieve your long-term objectives.

Company Characteristics

SIZE OF COMPANY
Annual revenues between $15 to $200 million

TARGET INDUSTRIES
Business & technology services, communications and healthcare

GEOGRAPHY
North America

COMPANY PROFILE
Industry leader, experienced management, strong growth potential

MARKET PROFILE
Large addressable market, high barriers to entry, acquisition opportunities

Investment Parameters

SIZE OF INVESTMENT
$20 to $100 million of equity per investment

PAMLICO ROLE
Majority or minority investments; often first time institutional capital

TRANSACTION TYPES
Growth equity, buyouts, recapitalizations, and manager-led Search Companies

TYPICAL INVESTMENT PERIOD
Flexible; generally between 4 to 7 years

BOARD REPRESENTATION
Required; active board participation

Latest News

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Cartegraph Appoints Josh Mallamud as New CEO

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C Spire Buys TekLinks to Solidify Its Reputation as Top Managed and Cloud Services Provider

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Pamlico Capital Makes Growth Investment in Silverline

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Tom Monahan Joins the Winsight Board

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symplr and Cactus Software Merge To Form Leader In Healthcare Provider Credentialing Software

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Pamlico Capital Announces Agreement to Sell Clear Link Technologies, LLC

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Pamlico Capital Announces Recapitalization of World 50

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Pamlico Capital Announces the Sale of ATX Networks Holdings, LLC

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TekLinks Acquires Cloud Computing and IT Services Company Claris Networks

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HEALTHCAREfirst Acquires Deyta

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Lightower Fiber Networks to Merge with Fibertech Networks

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Dexter + Chaney Receives Equity Investment from Pamlico Capital

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Pamlico Capital Promotes Stuart Christhilf, IV and Eric Wilkins to Partner

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Pamlico Capital and Clarity Telecom Complete Acquisition to Form Vast Broadband

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DayNine Consulting Receives Growth Equity Investment from Pamlico Capital

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Pamlico Capital and Clarity Telecom Agree to Acquire Broadband Assets

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Daxko Acquires NetVentures Corporation

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HOSTING Expands Client Service Capabilities With Acquisition of Ntirety

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Momentum and IBBS Receive FCC Approval for Merger

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Daxko Receives Equity Investment from Pamlico Capital

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VRI Receives Equity Investment from Pamlico Capital

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Securadyne Systems, LLC Acquires Leading Systems Integrator, Intelligent Access Systems

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T2 and DPT Create Combined Enterprise

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Wilcon Completes Acquisition of Freedom Dark Fiber Networks

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Pamlico Capital Closes $650 Million Pamlico Capital III, L.P.

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Greenway Medical Technologies And Vitera Healthcare Solutions To Combine

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Securadyne Systems, LLC Acquires Leading Systems Integrator, Advanced Control Concepts, Inc.

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Physicians Endoscopy Attracts Growth Investment From Pamlico Capital

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TekLinks Named to Inc. 5000 Ranking of Fastest Growing Companies

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Wilcon Acquires Freedom Dark Fiber Networks

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Pamlico Capital Wins Buyouts Middle Market Deal of the Year Award!

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CLEARLINK CEO Phil Hansen Named an Ernst & Young Entrepreneur of the Year® 2013 Finalist in the Utah Region

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Lightower Closes Merger with Sidera Networks to Form One of the Largest Pure-Play Fiber Providers in U.S. Networking Market

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TekLinks Acquires Managed Services Business From ClinicAnywhere

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Pamlico Capital Announces the Sale of NewWave Communications

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Lightower Fiber Networks to Merge with Sidera Networks

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Following the money: Schmidt, Barnes and Christhilf talk deals, valuations and taxes

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Secure-24, Inc. Attracts Investment from Pamlico Capital

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A personal story about private equity: David Mook

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Pamlico Capital Acquires HEALTHCAREfirst from The Riverside Co.

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Pamlico Capital Exits GreatAmerica Investment

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Hosting.com Acquires Dallas-based NeoSpire

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T2 Systems attracts $28M investment from Pamlico Capital

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Uncertain Opportunities

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American Renal Holdings Reaches Agreement to be Acquired by Management and Centerbridge Partners, L.P. from Pamlico Capital

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